Whether higher lifetime income households do save a larger share of their income is one of the longstanding empirical … both individual survey data on wealth holdings and administrative data on earnings histories from the UK to examine this … question. We find evidence of a positive relationship between saving rates (and wealth accumulation) and levels of permanent …

from the English Longitudinal Study of Ageing, an optimal level of wealth is calculated for each household. This is … compared to the levels of wealth observed in the data. Our results show that, for those born in the 1940s, the vast majority of … households have wealth levels far greater than necessary to maintain their living standards into and through retirement. …

savings are smaller than the short-run effects, with some savings financed via debt. I also review efforts to expand access to … employer-based retirement savings and liquid savings, the pros and cons of target date funds as default investment options …

on income and wealth to other administrative data with information on financial and real estate transactions. Using this …A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus …

This book investigates several important issues in the economics of aging, including the accumulation of wealth and the … relationship between health and financial prosperity. Examining the changes in savings behavior and investment priorities in the … benefit pensions to employee-controlled retirement savings plans. Further, the legislative reforms of the 1980s and the …

75, funds remaining in their pension escape income tax entirely - there was income tax relief when the money was paid … into the pension and no income tax when the money is taken out. Furthermore, any funds that remain in a pension at death … favourably by the tax system as a vehicle for bequests than they are as a retirement income vehicle. As such, there is a large …

-employed workers have private pensions from previous employment, save in other forms of wealth, or are married to or cohabiting with … the introduction of the new state pension in 2016. This report summarises the patterns of saving and wealth among the self …